Shinyoung Securities Issues KRW 100 Billion Equity-Linked Bonds (ELB)

Shinyoung Securities issues KRW 100 billion in total of two ELB series: 886th (linked to Samsung Electronics common stock) and 887th (linked to KOSPI200 index), each KRW 50 billion
Maturity 3 years (2026.05.22~2029.05.29), monthly coupon: 886th pays 0.585% (7.02% p.a.) if underlying >= 70% of initial, 887th pays 0.60% (7.20% p.a.) if underlying >= 80%
Automatic early redemption: every 3 months if underlying >= 85% of initial, principal 100% repaid
At maturity, principal 100% guaranteed regardless of underlying level (even if below 85%)
Issuer credit rating: AA- (Korea Ratings, NICE, as of 2025.05.14)
Not listed on exchange, not covered by deposit insurance
Early redemption upon investor request at >=95% of fair value (>=90% within first 6 months), but possible loss of principal
Subscription period: 2026.05.22 (1 day), minimum subscription KRW 1 million

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